A society is always about 3 days of hunger away from a violent revolution. Start your clocks.

  • Hildegarde@lemmy.blahaj.zone
    link
    fedilink
    arrow-up
    8
    ·
    5 hours ago

    If your income does not have withholdings you are required to make payments quarterly. If you owe above a certain amount when filing your tax returns you have to pay a penalty.

    You can write exempt on the withholding form to stop your employer from withholding, but the forms are very clear that it is only to be done if you owe no tax. Unless you earn less than $16k or whatever the standard deduction is for you, it would be unwise to not make advanced tax payments.

    You can file your forms differently to avoid paying the feds, or delaying those payments, but you do so at personal risk.